Work begins on new U.S. 31 interchange
The project is part of a larger effort to upgrade the road to interstate standards.
The project is part of a larger effort to upgrade the road to interstate standards.
Flashy displays of wealth seldom erupt in Indianapolis after an entrepreneur makes good, and they’re even more unusual now that the recession sobered even the most successful among them.
The Carmel-based operator of for-profit colleges earned $85.4 million in the three months ended March 31, a 2.4-percent decline from the same quarter a year ago.
-Alt Construction has completed a 3,000-square-foot office build-out for American Equity Mortgage at 9000 Keystone Crossing, Suite 234.
-Alt Construction has completed a 6,940-square-foot office build-out for Health System International at 5975 Castle Creek Parkway, Suite 100.
-Alt Construction is doing a 15,700-square-foot office build-out for Creative Converting at 6602 E. 75th St.
-Alt Construction is doing a 6,565-square-foot office build-out for Micro Med at 8730 Commerce Park Place, Suite E.
-Alt Construction is doing a 2,000-square-foot office build-out for the Marion County Assessors Office at 951 E. 86th St., Suite 100.
-Alt Construction is doing a 1,928-square-foot retail build-out for Orange Leaf Yogurt at 2760 E. 146th St., Carmel.
-Roll Coater Inc. leased 26,505 square feet of office space at 8440 Woodfield Crossing Blvd. The tenant was represented by Dan Richardson and Nick Svarczkopf of CB Richard Ellis. The landlord, Cassidy Turley Midwest Inc., was represented by Darrin Boyd and Dave Moore of Cassidy Turley.
-Hibachi Grill and Supreme Buffet leased 15,908 square feet at Honey Creek Plaza, 5390 W. 38th St. The tenant was represented by Mark Sturgis of ADM Commercial Properties. The landlord, Sandor Development, was represented by Jamison Downs of Sandor.
-Mediation Group leased 7,277 square feet at 8888 Keystone Crossing. The tenant was represented by Jim Fasone of Summit Realty Group. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Jones Lang LaSalle leased 6,908 square feet at 8900 Keystone Crossing. The tenant was represented by Dan O’Neil of Jones Lang LaSalle. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Indiana Lumbermens leased 5,676 square feet at 8888 Keystone Crossing. The tenant was represented by Denice Michel of Jones Lang LaSalle. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Asian Cuisine leased 2,913 square feet at Raceway Commons, 55 S. Raceway Road. The tenant was represented by Leo Tian of TLC Real Estate South. The property, which is in receivership, was represented by Lee Wilhite of CB Richard Ellis.
-Superior Discount Liquor leased 2,800 square feet at Greenwood Springs, 1279 Emerson Ave., Suites E and F, Greenwood. The landlord, Regency Realty Group Inc., was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Tullos Communications leased 1,600 square feet at Geist Crossing Shoppes, 9811 Fall Creek Road. The tenant was represented by Scott Messing of SM Equities LLC. The landlord, Glendale Partners, was represented by Paul Rogozinski of Veritas Realty.
-Go Company USA leased 1,500 square feet at Fidelity Keystone Office Tower, 650 E. Carmel Drive, Carmel. The tenant was represented by Debbie Shumate of Alliance Commercial Real Estate. The landlord, Equicor Development at FK LLC, was represented by Ralph Balber and Ashley Bussell of Newmark Knight Frank Halakar.
-Subway leased 1,465 square feet at 301 N. Illinois St. The landlord, REI Real Estate Services, was represented by Mike Napariu of REI. The tenant represented itself.
-Kumon Math and Reading Center leased 1,415 square feet at Fishers Crossing Shoppes, 11846 Allisonville Road, Fishers. The landlord, Glendale Partners at Fishers Crossing Inc., was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself.
-Cannoli Queen LLC leased 1,400 square feet at Greenwood Springs, 1279 Emerson Ave., Suite D, Greenwood. The tenant was represented by Craig Ramsay of Sitehawk Retail Real Estate. The landlord, Regency Realty Group Inc., was represented by Keith Fried of Sitehawk Retail Real Estate.
-Confectioneiress Cupcakes & Sweets Inc. leased 1,260 square feet at Zionsville Station, 80 Brendon Way, in Zionsville. The landlord, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.
If anything is clear from the latest round of drawing new lines for legislative and congressional districts, it’s that the system is still broken.
Ken Thompson passed away on March 25. Ken was a quiet giant in the real estate development field in Indianapolis, Carmel and Fishers.
The House Public Policy Committee made several changes Thursday to the bill proposed by Republican Sen. Mike Delph of Carmel and could vote on it Friday. The legislation includes tax penalties for businesses that hire illegal immigrants.
The former head of Indiana’s Republican Party reached a plea deal in a drunk-driving case Tuesday. James Kittle, owner of Indianapolis-based Kittle’s Furniture, pleaded guilty to a class C misdemeanor. He was arrested in December after driving across the center line of a road in Carmel. Police say his blood-alcohol level was 0.10, slightly above the 0.08 legal limit. He received one year of probation and a 60-day suspended jail sentence. He apologized in court, saying there was no excuse for his actions.
April 16
Marott
NPR’s “Morning Edition” host Steve Inskeep, a Carmel native, provides the keynote for this celebration of Indy’s most famous literary son. The evening also includes dinner, dramatic readings of Kurt Vonnegut’s work, and the presentation of writing awards and scholarships by Vonnegut family members. Proceeds benefit the recently launched Kurt Vonnegut Memorial Library at 340 N. Senate Ave. Details here.
April 16-17
Indiana Landmarks Center
Show me a new performance and I’ll see a new performance. Show me a new venue and, ideally, I’ll see a lifetime of performances. Earlier in the year, we saw the opening of Carmel’s Palladium.
And, on a different scale, this weekend marks the debut of Indiana Landmarks Center. The former sanctuary and auditorium of the building at 12th Street and Central Avenue has been transformed into the 400-seat Grand Hall and the flexible 250-seat Cook Theatre. Available for bookings, the facility’s upcoming programming is likely to be announced a performance at a time. This weekend, though, offers an impressive pair of openers.
On April 16, John Mellencamp will offer a short set to get things rolling, followed by Charles Webb on the pipe organ (there’s a double bill you weren’t expecting). On April 17, free tours will run from 11 a.m. to 2 p.m. with musical guests and family activities sprinkled in. That evening, paid ticket-holders can hear Sylvia McNair and the Landmark Trio and dine at culinary stations throughout the building. Details here.
Municipal bond manager Josh Gonze of Thornburg Investment Management in Santa Fe, N.M., picked the $80 million bond on Carmel's Palladium concert hall as one of the six best in the nation.
The Carmel-based life and health insurer more than doubled CEO Jim Prieur’s compensation, and also gave increases ranging from 44 percent to 89 percent to other top executives.
A new retailer at The Fashion Mall, a couple of new chain restaurants and a major renovation for St. Elmo Steak House lead the latest retail roundup.
-Kort Builders has started construction of a 2,700-square-foot retail space for Cash America at 5103 E. 16th St.
-Kort Builders has started construction of a 3,000-square-foot retail space for Soma Intimates at 14300 Clay Terrace Blvd., Carmel.
-Kort Builders has completed a 2,000-square-foot medical space for Decatur Vein Clinic at 105 S. Raceway Road.
-Stanley Convergent Security Solutions Inc. leased 27,058 square feet of office space at One Concourse at Crosspoint, 9998 Crosspoint Blvd. The tenant was represented by Nick Arterburn of CB Richard Ellis. The landlord, Edgeworth Laskey Properties LLC, represented itself.
-Indy Tube Fabrications LLC leased 8,080 square feet at 1102 Roosevelt Ave. The tenant was represented by Tim Garner of CB Richard Ellis. The landlord, 1102 Roosevelt LLC, was represented by Tony Hupp of Summit Realty Group.
-Rent-A-Center leased 4,800 square feet at Bel-Aire Shopping Center, 2325 E. State Road 44, Shelbyville. The landlord, Mer-Car Corp., was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself.
-Century Personnel Inc. leased 4,407 square feet at Two Penn Mark, 11555 N. Meridian St., Carmel. The tenant was represented by Yumi Prater and Jim Logan of Colliers International. The landlord, Westminster, was represented by Tristan Glover of Zeller Realty Group.
-Advance Physical Therapy leased 3,718 square feet at Herriman Corner, 14460 Herriman Blvd., Noblesville. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Nestani LLC, was represented by Donna Hovey of CB Richard Ellis.
-Simply Chic leased 3,600 square feet at North by Northeast Shopping Center, 7820 E. 96th St., Fishers. The landlord, NNE Associates LLC, was represented by Robyn Smart of CB Richard Ellis. The tenant represented itself.
-Indy Salon leased 1,600 square feet at Eagle Highlands Shopping Center, 6920 Eagle Highlands Way. The landlord, Valtesi I LLC., was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself.
-Dental Oasis leased 1,567 square feet at McCordsville Commons, 5767 W. Broadway, McCordsville. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, McCordsville Commons LLC, was represented by Paul Rogozinski of Veritas Realty.
-Midwest Jewelry & Coins leased 1,440 square feet at North by Northeast Shoppes, 8240 E. 96th St., Fishers. The landlord, Glendale Partners of North by Northeast II LLC, was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself.
-Daisies & Denim leased 1,400 square feet at Fishers Crossing Shoppes, 11844 Allisonville Road, Fishers. The landlord, Glendale Partners at Fishers Crossing Inc., was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself in this transaction.
-Phyllis’ Soul Food leased 1,400 square feet at Shadeland Corner, 4558 N. Shadeland Ave. The landlord, Shadeland Center LLC, was represented by Keith Kleinmaier of Retail Realty. The tenant represented itself.
-Gold Gals leased 1,200 square feet of retail space in Speedway Supercenter, 5804 Crawfordsville Road. The tenant was represented by Scot Courtney and Bart Jackson of Lee & Associates. The landlord, Centro Bradley SPE 5 LLC, was represented by Heather Blacketer of Centro Properties.
-Get In Shape For Women leased 1,000 square feet in Town Center at Geist, 11720 Olio Road, Suite 800, Fishers. The tenant was represented by Keith Kleinmaier of Retail Realty. The landlord, Flynn & Zinkan Holdings II LLC, represented itself.
-Gold Gals leased 945 square feet of retail space in George Thomas Plaza, 1028 N. Shadeland Ave. The tenant was represented by Scot Courtney and Bart Jackson of Lee & Associates. The landlord, Ladywood Apartments LLC, was represented by Cindy Hoskinson of Lee & Associates.
-Orangutan Software leased 800 square feet at 126 E. Main St., Carmel. The landlord, MB Shopping Centers Inc., was represented by Keith Kleinmaier of Retail Realty. The tenant represented itself.